Medicare Advantage
Managed Medicare alternative
Medicare Advantage is a type of health insurance plan offered by private companies as an alternative to traditional Medicare.
These plans bundle hospital coverage, medical coverage, and usually prescription drugs into a single plan, often adding benefits like dental and vision.
The government pays private insurers a fixed amount per enrollee: She switched to Medicare Advantage for the extra benefits.
Also called Medicare Part C.
- insuranceContractual risk coverage
- premiumsPayments for insurance coverage
- copaysPatient's partial payment obligation
- deductiblesPre-coverage personal payments
- enrollmentAct of registering officially
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